Long positions above control price with targets at 106.60-107.20-107.75 in extension. Hurdle: 105.20 Don't buy below the hurdle line.
USDJPY is trading in a falling wedge pattern. As price is trading in a narrow range soon, we will see price breakout from a falling wedge in USDJPY. USDJPY is trading below its support 1, so we might see a downside in USDJPY and the first target for downside will be the support line of the falling wedge and the second target will be support 2. If the price breaks...
USDJPY is trading in the Descending Triangle pattern. If it breaks out from the descending triangle pattern, we might see further downside on USDJPY towards support line 1. One can initiate the trade on USDJPY on the breakout of the Descending Triangle pattern only. If You Like The Idea Do Follow/Comment/Like For More Quick Update Note Trade With Proper Risk...
Hello. Here is our analysis on USDJPY. The resistance and support are strong once as they are from D1. Currently the pair is consolidating in the channel so its advisable to wait for the breakout. Stay with us for the confirm position. thanks
UJ break the daily support and now retesting, RSI is coming back from over sold area and will soon market will drop to the target. INSHALLAH , do you agree? ---> hit like
Time to reversal? What do you think?
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron
USDJPY SELL From Zone if break up level then go up 123.391 level i m expecting sell position For Retrace is must